Sahem Loan


A developmental financing product designed to fund working capital and assets, aiming to motivate and empower cooperative societies to achieve their developmental goals. The product supports them in improving the economic and social well-being of their members, while strengthening solidarity and fostering collaborative work among them.

  • Finance up to 10 million ♦
  • The repayment period is up to 7 years 
  • Grace period up to 18 months
  • Flexibility in payment mechanism
  • Nominal fee
  • Additional financing according to the product policy
 
Target Category
Cooperative societies
Beneficiaries
New Service
Fees
1% administrative fee
Payment Channels
Payment bill
Availability
24/7
SLA
43 working days
Service Start Date
2019
Language
Arabic

920008007
920008007
care@sdb.gov.sa
care@sdb.gov.sa

Channels

Product features


Financing ceiling
Up to 10 million ♦
Financing period
Up to 7 years
Payment method
Flexibility in payment mechanism
Fees
1%
The grace period
Up to 18 months

Customer journey


Apply

Eligibility check

Processing

Exchange

Do you have any questions?


If you have any questions about the Contributed financing, please see the questions:

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